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Weekly Global News Wrap Up: Can global bank stocks bounce back in 2019?; Saxo Bank to buy Dutch online lender for $480m
Weekly Global News Wrap Up: Can global bank stocks bounce back in 2019?; Saxo Bank to buy Dutch online lender for $480m
And here's how Brexit is affecting Credit Suisse's wealth management strategy.
OCBC rolls out digital account opening service for MNCs
The time taken to set up an account will be cut 75% from months to weeks.
Hong Kong banking industry needs to amp up skills on fintech and cybersecurity: study
Only 2 in 5 industry professionals have gone through fintech training courses.
Weekly Global News Wrap Up: US banks brace for deal frenzy as 2017 M&As doubled to $196.5b; JP Morgan targets mid-sized firms in European pivot
And UAE and Saudi Arabia have deployed digitla currency for settlements.
Singapore banks embark on hiring spree in fight against dirty money
As a result, IT security professionals can command up to 30% in pay hikes.
Citi adds full Apple product suite to rewards redemption platform
It is initially available in Australia, Hong Kong, the Philippines and Thailand.
APAC banks brace for slowdown as GDP growth peaks
Loan growth will slide across the region.
CIMB Group profits rose 4.1% to $283.8m in Q3
Non-interest income surged 19.9%.
Global wealth managers double down to capture Asia's tech-savvy crazy rich millennials
Innovative fintechs are filling in gaps in order to meet the complex digital demands of this booming client base.
Weekly Global News Wrap Up: Brexit may slash London bank assets by $909b; Swedish banks mull Stibor alternative
And EU is moving to enhance its money laundering defense.
British challenger bank Revolut receives green light to expand to Singapore and Japan
It will launch in APAC in Q1 2019.
Singapore launches $30m cybersecurity capabilities grant
It will co-fund up to $3m to support cybersecurity advancement in the financial sector.
Standard Chartered moves to cut Dubai and Singapore jobs
Employees in the priority banking business will be affected.
Singapore's October bank loan growth slows 3.41% to $671.74b
Business loans rose 3.35%.
Weekly Global News Wrap Up: Eastern European bank M&A activity heats up; Scotiabank exits nine countries
And a Fed official has raised concern about US mobile payments.
Singapore banks hold firm even as trade war comes knocking
Earnings are poised to grow by 20% in FY18 and 9% in 2019.
Weekly Global News Wrap Up: US banks' profits hit $62b in Q3; FSB unveils global list of systemic lenders
And here's why Societe Generale is shelling out $1.4b.
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